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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?


To: Ward Nicholson who wrote (555)1/22/1999 8:54:00 AM
From: Bill Rinker  Read Replies (1) | Respond to of 2259
 
FAX on Tse

Don't know much about it.
Don't own it.

Does anyone know why the big rise in last month?
Not huge volume, but look at MD this morning. Again biding up.

BR




To: Ward Nicholson who wrote (555)1/22/1999 10:41:00 AM
From: Wizzer  Read Replies (1) | Respond to of 2259
 
I'm not sure if Corel has any fundamental strength left due to recent developments. I looked at the numbers and although the bottom line improved, our feeling about where the profit would come from was very accurate-reduced expenses. Sales were down for the year, but up for the quarter that Corel normally did well in.

I think the buying that caused it to go up to $7.70 was not smart money, but lemming money. What did you think of the numbers?

I say it will break down to less than $6 by next week. JMHO.

Regards, Wisam